Episode Details

This podcast episode, “Challenges in the Early Stages: Navigating Compliance in New Markets”, discusses the difficulties companies face when establishing compliance functions in new European markets. Key challenges highlighted include educating internal stakeholders on varying country-specific regulations and overcoming resistance to new compliance processes from staff accustomed to older methods. The episode offers practical solutions, such as tailored training programs, clear communication, and gradual implementation of changes, to address these issues. Success strategies emphasised include building strong relationships with stakeholders, securing executive support, and utilising technology to streamline compliance tasks. Finally, a real-world case study illustrates these concepts.